PHINIA INC. financials
Source: EDGAR filings · Built 2026-06-02T03:49:16Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2023 | FY 2023 |
|---|---|---|---|---|---|
| Free Cash Flow | 188.00M | 203.00M | 100.00M | 196.00M | 1.00M |
| EBITDA | 411.00M | 419.00M | 411.00M | 488.00M | 378.00M |
| Working Capital | 815.00M | 872.00M | 779.00M | 471.00M | — |
| Net Debt | 663.00M | 562.00M | 499.00M | -138.00M | — |
| Gross Margin | 21.88% | 22.22% | 20.69% | 21.54% | 20.95% |
| Operating Margin | 7.29% | 7.61% | 6.89% | 9.50% | 5.39% |
| Net Margin | 3.73% | 2.32% | 2.91% | 7.83% | 4.71% |
| Return on Equity (ROE) | 8.19% | 5.02% | 5.41% | 15.95% | 8.88% |
| Return on Assets (ROA) | 3.41% | 2.10% | 2.52% | 6.43% | 3.63% |
| Current Ratio | 1.86× | 1.90× | 1.68× | 1.40× | — |
| Debt-to-Equity | 0.64× | 0.66× | 0.46× | 0.07× | — |
| Effective Tax Rate | 34.34% | 57.75% | 50.49% | 24.50% | 17.74% |
| Cash Conversion Ratio | 2.40× | 3.90× | 2.45× | 1.16× | 0.97× |
| Accruals Ratio | -0.05× | -0.06× | -0.04× | -0.01× | 0.00× |
| SBC % of Revenue | 0.52% | 0.41% | 0.29% | 0.33% | 0.34% |
| CapEx Coverage | 2.52× | 2.93× | 1.67× | 2.83× | 1.01× |
| Free Cash Flow Per Share | $4.69 | $4.53 | $2.13 | $4.17 | $0.02 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2023 | FY 2023 |
|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 19.35× | 27.37× | 13.96× | — | — |
| P/FCF | 13.37× | 10.63× | 14.24× | — | — |
| FCF Yield | 7.48% | 9.41% | 7.02% | — | — |
| EV / EBITDA | 7.40× | 6.13× | 4.62× | — | — |
| P/S | 0.68× | 0.59× | 0.40× | — | — |
| P/B | 1.50× | 1.27× | 0.74× | — | — |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2023 | FY 2023 |
|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 3.48B | 3.40B | 3.50B | 3.35B | 3.23B |
| Revenues | — | — | 882.00M | 851.00M | — |
| Cost of Goods and Services Sold | 2.72B | 2.65B | 2.78B | 2.63B | 2.55B |
| Gross Profit | 762.00M | 756.00M | 724.00M | 721.00M | 676.00M |
| Research and Development Expense | 105.00M | 112.00M | 108.00M | 104.00M | 132.00M |
| Selling, General and Administrative Expense | 445.00M | 442.00M | 413.00M | 407.00M | 460.00M |
| Operating Income (Loss) | 254.00M | 259.00M | 241.00M | 318.00M | 174.00M |
| Income Tax Expense (Benefit) | 68.00M | 108.00M | 104.00M | 85.00M | 33.00M |
| Net Income (Loss) Attributable to Parent | 130.00M | 79.00M | 102.00M | 262.00M | 152.00M |
| Earnings Per Share, Basic | $3.31 | $1.80 | $2.17 | $5.57 | $3.23 |
| Weighted Average Number of Shares Outstanding, Basic | 39.30M | 44.00M | 46.90M | 47.00M | 47.00M |
| Earnings Per Share, Diluted | $3.24 | $1.76 | $2.17 | $5.57 | $3.23 |
| Weighted Average Number of Shares Outstanding, Diluted | 40.10M | 44.80M | 47.00M | 47.00M | 47.00M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2023 | FY 2023 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 359.00M | 484.00M | 365.00M | 251.00M | — |
| Assets, Current | 1.76B | 1.84B | 1.93B | 1.64B | — |
| Assets | 3.82B | 3.77B | 4.04B | 4.07B | 4.18B |
| Long-term Debt | 968.00M | 988.00M | 723.00M | 26.00M | — |
| Liabilities, Current | 947.00M | 969.00M | 1.15B | 1.17B | — |
| Long-term Debt, Excluding Current Maturities | 967.00M | 963.00M | 709.00M | — | — |
| Liabilities | 2.23B | 2.19B | 2.15B | 2.43B | — |
| Stockholders' Equity Attributable to Parent | 1.59B | 1.57B | 1.89B | 1.64B | 1.71B |
| Common Stock, Shares, Outstanding | 37.92M | 41.64M | 46.16M | — | — |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2023 | FY 2023 |
|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 312.00M | 308.00M | 250.00M | 303.00M | 147.00M |
| Net Cash Provided by (Used in) Investing Activities | -132.00M | -101.00M | -150.00M | -105.00M | -140.00M |
| Payments for Repurchase of Common Stock | — | — | 24.00M | 0 | — |
| Net Cash Provided by (Used in) Financing Activities | -310.00M | -96.00M | 20.00M | -185.00M | -44.00M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 21.00M | 67.00M | 121.00M | 28.00M | 5.00M | 53.00M |
| EBITDA | 109.00M | 110.00M | 74.00M | 128.00M | 99.00M | 90.00M |
| Working Capital | 800.00M | 815.00M | 800.00M | 867.00M | 824.00M | 872.00M |
| Net Debt | 715.00M | 663.00M | 698.00M | 699.00M | 673.00M | 562.00M |
| Gross Margin | 21.41% | 21.71% | 22.03% | 22.13% | 21.61% | 22.69% |
| Operating Margin | 7.86% | 7.76% | 3.74% | 10.00% | 7.79% | 6.12% |
| Net Margin | 4.21% | 5.06% | 1.43% | 5.17% | 3.27% | 0.60% |
| Return on Equity (ROE) | 2.39% | 2.84% | 0.82% | 2.83% | 1.69% | 0.32% |
| Return on Assets (ROA) | 0.97% | 1.18% | 0.33% | 1.18% | 0.69% | 0.13% |
| Current Ratio | 1.82× | 1.86× | 1.72× | 1.86× | 1.85× | 1.90× |
| Debt-to-Equity | 0.67× | 0.64× | 0.66× | 0.64× | 0.68× | 0.66× |
| Effective Tax Rate | 35.09% | 16.67% | 31.58% | 38.67% | 48.00% | 87.80% |
| Cash Conversion Ratio | 1.43× | 2.13× | 16.62× | 2.11× | 1.54× | 14.60× |
| Accruals Ratio | -0.00× | -0.01× | -0.05× | -0.01× | -0.00× | -0.02× |
| SBC % of Revenue | 0.57% | 0.56% | 1.43% | 0.90% | 0.50% | 0.36% |
| CapEx Coverage | 1.66× | 3.31× | 2.27× | 1.41× | 1.14× | 3.65× |
| Free Cash Flow Per Share | $0.54 | $1.67 | $3.06 | $0.70 | $0.12 | $1.18 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 19.17× | 19.35× | 25.78× | 17.11× | 23.97× | 27.37× |
| EV / EBITDA | 7.72× | 7.40× | 7.44× | 5.74× | 5.82× | 6.13× |
| P/S | 0.71× | 0.68× | 0.64× | 0.52× | 0.51× | 0.59× |
| P/B | 1.64× | 1.50× | 1.39× | 1.06× | 1.10× | 1.27× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 878.00M | 889.00M | 908.00M | 890.00M | 796.00M | 833.00M |
| Cost of Goods and Services Sold | 690.00M | 696.00M | 708.00M | 693.00M | 624.00M | 644.00M |
| Gross Profit | 188.00M | 193.00M | 200.00M | 197.00M | 172.00M | 189.00M |
| Research and Development Expense | 29.00M | 27.00M | 20.00M | 30.00M | 28.00M | 29.00M |
| Selling, General and Administrative Expense | 115.00M | 121.00M | 105.00M | 112.00M | 107.00M | 118.00M |
| Operating Income (Loss) | 69.00M | 69.00M | 34.00M | 89.00M | 62.00M | 51.00M |
| Income Tax Expense (Benefit) | 20.00M | 9.00M | 6.00M | 29.00M | 24.00M | 36.00M |
| Net Income (Loss) Attributable to Parent | 37.00M | 45.00M | 13.00M | 46.00M | 26.00M | 5.00M |
| Earnings Per Share, Basic | $0.98 | $1.16 | $0.34 | $1.16 | $0.64 | $0.14 |
| Weighted Average Number of Shares Outstanding, Basic | 37.80M | 39.30M | 38.70M | 39.50M | 40.70M | 44.00M |
| Earnings Per Share, Diluted | $0.96 | $1.14 | $0.33 | $1.14 | $0.63 | $0.13 |
| Weighted Average Number of Shares Outstanding, Diluted | 38.70M | 40.10M | 39.60M | 40.20M | 41.50M | 44.80M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 328.00M | 359.00M | 349.00M | 347.00M | 373.00M | 484.00M |
| Assets, Current | 1.77B | 1.76B | 1.92B | 1.87B | 1.79B | 1.84B |
| Assets | 3.80B | 3.82B | 3.99B | 3.89B | 3.75B | 3.77B |
| Long-term Debt | 969.00M | 968.00M | 990.00M | 990.00M | 989.00M | 988.00M |
| Liabilities, Current | 970.00M | 947.00M | 1.12B | 1.00B | 968.00M | 969.00M |
| Long-term Debt, Excluding Current Maturities | 968.00M | 967.00M | 966.00M | 965.00M | 964.00M | 963.00M |
| Liabilities | 2.25B | 2.23B | 2.40B | 2.27B | 2.21B | 2.19B |
| Stockholders' Equity Attributable to Parent | 1.55B | 1.59B | 1.59B | 1.63B | 1.54B | 1.57B |
| Common Stock, Shares, Outstanding | — | 37.92M | — | — | — | 41.64M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 53.00M | 96.00M | 216.00M | 97.00M | 40.00M | 73.00M |
| Net Cash Provided by (Used in) Investing Activities | -32.00M | -29.00M | -103.00M | -68.00M | -35.00M | -17.00M |
| Net Cash Provided by (Used in) Financing Activities | -50.00M | -65.00M | -245.00M | -169.00M | -117.00M | -35.00M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (PHIN CIK 0001968915),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.